Stock market news today: S&P 500 falls for 2nd day amid earnings

The S&P 500 so far this year has gained more than 4% after tumbling 19% in 2022.

"For three weeks, that's a pretty healthy start," John Porter, chief investment officer of equities at Newton Investment Management, told Insider. However, there will be continued pressure on earnings projections for Corporate America, he said. "A month from now … we're probably going to see another two, three, four percent taken out of earnings expectations for this year. That's a hurdle for equities," he said."They don't tend to perform well in an environment where expectations are already down … [and] any expectations around the Fed cutting rates are woefully premature at this point."

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Asian Stock market: Nikkei extends rally despite volatility in S&P500 futures, oil rebounds from $80.00Asian Stock market: Nikkei extends rally despite volatility in S&P500 futures, oil rebounds from $80.00 – by Sagar_Dua24 Asia Nikkei Oil BOJ DollarIndex
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »

Tech earnings will drag on S&P 500 growth overall: Credit Suisse's GolubBig Techs' earnings are shaping up to be so weak the S&P 500 would be better off without them, a top Credit Suisse strategist says
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

S&P 500 ends slightly down after mixed earnings, opening glitchThe S&P 500 ended nominally lower on Tuesday at the close of a rocky session marked by a raft of mixed earnings and a technical malfunction at the opening bell. Technical malfunction = fraud
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »